Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.
Revenue of Energy Recovery, Inc. (ERII)
Revenue in 2023 (TTM): $128.35 M
According to Energy Recovery, Inc.'s latest financial reports the company's current revenue (TTM) is $128.35 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Energy Recovery, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $128.35 M | $87.08 M | $24.8 M | $22.71 M | $21.5 M |
| 2022 | $125.59 M | $87.36 M | $24.83 M | $26.07 M | $24.05 M |
| 2021 | $103.9 M | $71.23 M | $19.77 M | $14 M | $14.27 M |
| 2020 | $118.99 M | $90.74 M | $41.26 M | $32.13 M | $26.39 M |
| 2019 | $86.94 M | $66.61 M | $16.65 M | $12.26 M | $10.91 M |
| 2018 | $74.52 M | $56.64 M | $15.31 M | $11.44 M | $22.09 M |
| 2017 | $63.16 M | $44.1 M | $7.62 M | $3.96 M | $12.35 M |
| 2016 | $54.72 M | $36.87 M | $4.33 M | $644 K | $1.03 M |
| 2015 | $44.71 M | $25.6 M | $-8,092,000 | $-11,972,000 | $-11,638,000 |
| 2014 | $30.43 M | $16.71 M | $-14,455,000 | $-18,414,000 | $-18,705,000 |
| 2013 | $43.05 M | $25.72 M | $1.2 M | $-2,779,000 | $-3,106,000 |
| 2012 | $42.63 M | $20.21 M | $-6,854,000 | $-8,516,000 | $-8,254,000 |
| 2011 | $28.05 M | $7.8 M | $-20,640,000 | $-25,144,000 | $-26,443,000 |
| 2010 | $45.85 M | $22.07 M | $-4,967,000 | $-5,234,000 | $-3,608,000 |
| 2009 | $47.01 M | $29.42 M | $6.2 M | $6.16 M | $3.69 M |
| 2008 | $52.12 M | $33.19 M | $13.42 M | $13.7 M | $8.66 M |
| 2007 | $35.41 M | $20.56 M | $9.65 M | $9.74 M | $5.79 M |
| 2006 | $20.06 M | $11.93 M | $3.87 M | $3.62 M | $2.38 M |
| 2005 | $10.69 M | $10.69 M | $10.69 M | $ | $894 K |
| 2004 | $4.05 M | $2.03 M | $-399,000 | $-453,000 | $-506,000 |
| 2003 | $4.05 M | $2.03 M | $201 K | $163 K | $174 K |